Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following best describes span of control
Directors in an organisation
Financial controllers within an organisation
Shareholders in a company
Subordinates that an executive supervises
Subordinates who can work on their own
Correct answer is D
No explanation has been provided for this answer.
Contribution
indemnity
Proxirnate cause
Subrogation
Utmost good faith
Correct answer is C
No explanation has been provided for this answer.
When manufacturers sell directly to consumers they have eliminated
advertising agents
brokers
middleman
retailers only
wholesalers
Correct answer is C
No explanation has been provided for this answer.
Short-term loan to expand a business is provided by
building societies
central bank
commercial banks
cooperative societies
mortgage banks
Correct answer is C
No explanation has been provided for this answer.
Equity of a company is another name for....... shares.
cumulative preference
founders
ordinary
preference
redeemable preference
Correct answer is C
No explanation has been provided for this answer.